Thursday, 26 March 2015
Last updated 35 min ago
Oct 29 2013 | 7:46am ET
Private-equity firm Tailwind Capital is seeking $750 million for its second independent fund—and its first since the exit of one of its three co-founders.
The fundraising goal is actually less than either of New York-based Tailwind's previous funds. Tailwind Capital Partners I raised $775 million in 2008, and the firm was created in 2003 to manage the $1.3 billion Thomas Weisel Capital Partners Fund.
MVision Private Equity Advisors is marketing the fund, according to a Securities and Exchange Commission filing. It is unclear how much has been raised to date.
The new fund follows the departure of co-founder Douglas Karp in March. Karp has since founded p.e. shop Pacific Partners.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…